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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Warehouses
210 Benito Ave Santa Cruz, CA 95062-2114
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0038582
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1985
Construction
WOOD
Total area
7,357 SF
Lot
0.18 ac (7,797 SF)
APN
010-042-31
UPID
US09-0038582
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Santa Cruz Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.14M
Owner & transaction history
The Marc Blumberg & Cynthia Chace 2 · 10 yrs held
The Marc Blumberg & Cynthia Chace 2
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$155 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,378
Tax year 2024
Assessed value
$719,894
Assessed 2024
Previous assessed
$719,894
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$360,548
Assessed improvement
$359,346
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Units
138
Bathrooms
1
Total area
7,357 SF
Lot
0.18 ac (7,797 SF)
APN
010-042-31
UPID
US09-0038582
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Units
138
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
The Marc Blumberg & Cynthia Chace 2
Individual
Free & Clear · 10 yrs held
Mailing address
425 CLEVELAND AVE, SANTA CRUZ, CA 95060-3509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2016
$899,000
The Marc Blumberg & Cynthia Chace 2
Xchange Solutions INC
Grant Deed
—
May 30, 2014
$899,000
Xchange Solutions INC
Keith Stuart Ross
Grant Deed
$584,350 · Santa Cruz County Bank
Sep 11, 2009
—
Benito Trust
Ross,keith S & Nancy
Grant Deed
related
—
Sep 7, 2007
$1,175,000
Keith S Ross
Boe,patricia
Grant Deed
—
Jan 4, 2005
$1,171,000
Patricia Boe
Scott Trust
Grant Deed
$780,000 · Coast Commercial Bank
Mar 1, 2004
—
Scott,tr
Scott,tr
Quit Claim Deed
related
—
Feb 8, 1996
$455,000
Scott Trust
Margolin,harold F & Marcia D
Grant Deed
$318,500 · Commercial Pacific Bank
Jun 24, 1994
—
Edward S Klein
Klein,noelle
Quit Claim Deed
related
—
Sep 15, 1989
$425,000
Margolin,harold
Juett,j A M
Trustees Deed
$225,000
Sep 15, 1989
$499,421
J A M Juett
Benito,storage A
Trustees Deed
related
—
Jun 9, 1986
$475,000
Benito Storage Associates Ptp
Juett,j A M
Grant Deed
related
—
Jul 3, 1984
$270,000
R Bruce|dorothy Ma Mayfield
Schaefer,jack R
Grant Deed
related
—
—
—
Central Records Storage
—
Deed Of Trust
related
$225,000 · Commercial Pacific Bank
—
—
Benito Trust
—
Deed Of Trust
related
$280,000 · Us Bank Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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